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Bernie Sanders: “If we have 50% of public ownership of these companies, we…”

Featuring: Bernie Sanders, Independent | U.S. Senate, Vermont

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Why Bernie Sanders wants to force AI companies to share their wealth

Published | Video Starts at 01:27

Okay? People who contribute to that deserve some of the wealth that is being created. More importantly, we cannot allow just a handful of oligarchs to determine the future. If we have 50% of public ownership of these companies, we can say no to ideas that will lead to mass unemployment, invasion of privacy, endangerment of children's health, or maybe even an existential threat to the planet. If AI becomes independent of human, why do you need to take control of them? Why can't you just regulate them, tax them, as is currently happening? Well, for two reasons. (01:27–01:42)

CLAIM

Asserts that public ownership of AI companies can prevent negative outcomes like mass unemployment and privacy invasion.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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